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Citing the case of a high-tech US firm initiating a new investment project in Wuhan a few days ago, Li said this example proved that the business communities of two countries need each other and their partnership can be mutually beneficial.

Chuang Plus has incubated over 380 startups with a total seed money of several billion dollars. Over 40 business proposals received investments from angels.

Chongqing laundry factory working overtime to wash covers, bedding

Cities and states promised billions of dollars of tax breaks and other inducements in exchange for Amazon's so-called HQ2. They also handed over infrastructure, labor and other data that could prove useful in other ways to the world's largest online retailer.

Club Med managed double-digit growth in China last year. Its new ski resort in Beidahu, located outside of Jilin city in Jilin province, opened in late November last year and reported an occupancy rate of 81 percent for its first season.